Is Greenfields Swimming Club Inc Legit?

Greenfields Swimming Club Inc. demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade, typically in the range of $280,000 to $390,000 annually. For instance, in 2023, revenue was $371,192 against expenses of $363,385, indicating a slight surplus. The organization's assets have fluctuated but show a general upward trend in recent years, reaching $251,986 in 2023, which is a healthy position relative to its annual operating budget. Liabilities have also increased in recent years, reaching $98,895 in 2023, which warrants monitoring but is not immediately alarming given the asset base. The club's spending efficiency appears reasonable for its operational nature, focusing on providing a swimming facility. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which is a strong positive for program efficiency. While specific program spending details are not provided in the summary data, the absence of paid officers suggests that a significant portion of funds likely goes directly to facility maintenance, staffing, and activities. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency. Overall, Greenfields Swimming Club Inc. appears to be a financially stable and efficiently run organization, maintaining its operations without significant financial distress. Its consistent revenue generation and prudent management of expenses, coupled with a volunteer leadership structure, contribute to its financial health. The increase in liabilities in recent years, while not a red flag, is an area to watch to ensure it remains manageable.